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Dec 10, 2012
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analysts say this news is likely to fuel outrage that google and other tech companieses dodging taxes. google's overall rate is at 21%. >>> traffic and weather together, next. live look outside now you see the san mateo bridge and we see traffic moving well. we also see clear skies and mike will have the full forecast coming up. sue will check traffic. >>> firefighters in san leandro mopping up a big rig fire that took a dangerous turnover night. amy hollyfield joins us live with new video of the fiery mess. >> reporter: take a look what the is left of this truck, just the shelf it this gives you an idea of how hot this fire burned. now look at this amazing video of the fire. firefighters let it burn for about an hour they had to sit and watch this they had to wait for pg&e to get to the scene and activate the power lines. this truck was delivering laundry to a juvenile detention center, 3:30 in the morning, it became tangled in the how we are lines and caught fire. >> pretty intense. when we don't get water on 'em they burn pretty good it was exciting for the camp, tires were explodi
analysts say this news is likely to fuel outrage that google and other tech companieses dodging taxes. google's overall rate is at 21%. >>> traffic and weather together, next. live look outside now you see the san mateo bridge and we see traffic moving well. we also see clear skies and mike will have the full forecast coming up. sue will check traffic. >>> firefighters in san leandro mopping up a big rig fire that took a dangerous turnover night. amy hollyfield joins us live...
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Dec 4, 2012
12/12
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KBCW
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letting the bush tax cuts expire for the wealthy. in the statement, the white house said that the plan fails the balance test and sticks the middle class with the bill. >>> the gay marriage in california is still on hold tonight. the u.s. supreme court could have announced today whether they would review prop 8. instead the justices announced that they will wait until friday to discuss whether to take up the case. legal experts say the delay ruling means nothing. >> it's like we have so many cases on the docket. let's put this one off next week, no big deal. that's really what happened. it really isn't the dog that didn't bark, but it's the case that has not been resolved yet and we're still waiting. >> professor little says he expects if the court grants a review that we'll know by friday. but if the court decides to deny or simply postpone the review again, that announcement will come later. >>> a desperate search is underway for a sick child tonight. security cameras of the phoenix hospital show the 11-year-old girl leaving with h
letting the bush tax cuts expire for the wealthy. in the statement, the white house said that the plan fails the balance test and sticks the middle class with the bill. >>> the gay marriage in california is still on hold tonight. the u.s. supreme court could have announced today whether they would review prop 8. instead the justices announced that they will wait until friday to discuss whether to take up the case. legal experts say the delay ruling means nothing. >> it's like we...
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as we move closer to a year end deadline where huge tax increases kick in and tax cuts kick in, they have not compromised to help reduce the deficit. the latest senate version would prevent a tax height on the first $250,000 of earning. >> the wealthiest americans would get a tax cut on the first $250,000 of their income and families everywhere would enjoy some peace of mind. the senate has done their part. we are waiting for republicans in the house to do the same thing, but so far they have put forward an unbalanced plan that actually lowers rates for the wealthiest americans. >> republican florida senator marco rubio said tax increases will not reduce the nation's $16 trillion debt. >>> officials for the proposed sonoma-marin rail transit project or smart train are looking to get $16.6 million in federal fund to go buy more train cars. today the press democrat reports money otherwise would be used for local pedestrian and bicycle paths. smart train is committed to go to cloversdale and larkspur, but beyond that more rail cars would be needed to carry the load. the request is not s
as we move closer to a year end deadline where huge tax increases kick in and tax cuts kick in, they have not compromised to help reduce the deficit. the latest senate version would prevent a tax height on the first $250,000 of earning. >> the wealthiest americans would get a tax cut on the first $250,000 of their income and families everywhere would enjoy some peace of mind. the senate has done their part. we are waiting for republicans in the house to do the same thing, but so far they...
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Dec 3, 2012
12/12
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KPIX
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the district was hoping for a tax hike but it failed to pass in november. closing the stations will save $3 million. >>> time now 6:39. tweeting on the toilet? how social media is taking over the bathroom. >> okay... >> plus the dolphin bites an 8- year-old at seaworld. what her parents are saying about the attack caught on tape. >> the market just opened up about 10 minutes ago. let's check the numbers. so far not too bad. coming up, we'll get an update from kcbs moneywatch reporter jason brooks. not scheduled any wi ♪ secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. will not hear appeals on california's prop 8..today instead.. it appears they'll discuss the cases again in r ne
the district was hoping for a tax hike but it failed to pass in november. closing the stations will save $3 million. >>> time now 6:39. tweeting on the toilet? how social media is taking over the bathroom. >> okay... >> plus the dolphin bites an 8- year-old at seaworld. what her parents are saying about the attack caught on tape. >> the market just opened up about 10 minutes ago. let's check the numbers. so far not too bad. coming up, we'll get an update from kcbs...
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how democrats new super majority could impact big issues like taxes you pay. also a despite over the shooting of oscar grant and bart police officers given immune ti after the death z a victory that sets up a conflict between land lords and u.s. justice department. those stories and more coming up at 6:00. >> thank you. see you shortly. >> world news is coming up next. i'm cheryl jennings. >> from sandhya patel, all of us, we'll see you again in afl hahn hour. >>> this is "world news." tonight, royal baby. the world's most famous bride, kate middleton, is pregnant but rushed to the hospital. two days ago it was a secret, but she seemed fine, so what happened? tonight at the palace, jubilation and concern. >>> early warning. the flu has arrived. the earliest season in a decade. an alert tonight about how to
how democrats new super majority could impact big issues like taxes you pay. also a despite over the shooting of oscar grant and bart police officers given immune ti after the death z a victory that sets up a conflict between land lords and u.s. justice department. those stories and more coming up at 6:00. >> thank you. see you shortly. >> world news is coming up next. i'm cheryl jennings. >> from sandhya patel, all of us, we'll see you again in afl hahn hour. >>>...
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Dec 4, 2012
12/12
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revenues only from tax reform. and not in raising rates on the wealthy. and that's the sticking point. >> rates have to rise and the republicans need to acknowledge that, that that's the only way to get from here to there. >> in a statement, the white house says the plan fails the balance test. if the two side can't reach a deal by 12/31, hikes and cuts will kick in. >>> frustrated with facebook privacy settings? how you can make your voice heard this week. >> have you gotten your flu shot? why this season may be the worst in nearly a decade. >> a royal baby on the way. why the kind of morning sickness kate has is fueling speculation about twins. ,,,,,,,,,,,, secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. damascus today... between sn rebels and forces loyal to president bashar assad. >>> in your world, fighting has escalated near damascus today between syrian reb
revenues only from tax reform. and not in raising rates on the wealthy. and that's the sticking point. >> rates have to rise and the republicans need to acknowledge that, that that's the only way to get from here to there. >> in a statement, the white house says the plan fails the balance test. if the two side can't reach a deal by 12/31, hikes and cuts will kick in. >>> frustrated with facebook privacy settings? how you can make your voice heard this week. >> have...
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Dec 7, 2012
12/12
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KTVU
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. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped from the third deck at the oakland coliseum. he fell to the concourse during last night's broncos, raiders game and taken to the hospital with serious injuries. they called it an accident and it remains under investigation. >> the rails are like three to 4 feet. if you don't pay attention, you can fall. he fell yesterday. >> the raiders did issue a statement. the team had no information beyond what authorities are releasing. their thoughts and prayers are with the family and friends. >>> coming up in a few minutes, roger good dell will say where the raiders shall play in the future and who would pay to build a new stadium. >>> this couple accused of killing this woman are going to court. the couple is accused of killing a retired schoolteacher who was found stabbed to death back in october. the washingtons were arrested after they s
. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped from the third deck at the oakland coliseum. he fell to the concourse during last night's broncos, raiders game and taken to the hospital with serious injuries. they called it an accident and it remains under investigation....
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Dec 8, 2012
12/12
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KOFY
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wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so the question is do you hold on to your money during the financial uncertainty or donate more while you know you will get a deduction. for one charity in san francisco it seems people are doing a little of both. the food pantry at the st. anthony foundation is in good shape today, but overall donations are down for the year. >> we are a little bit behind where we would like to be, where we are budgeted to be. >> the interim executive director says the charity is seeing interesting trends this holiday season that may have to do with the impending fiscal cliff. >> we are seeing people who have never given us a stock donation before stepping up and making that kind of gift to us. >> they could be concerned that the tax deduction for chair writ bel
wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so the question is do you hold on to your money during the financial uncertainty or donate more while you know you will get a deduction. for one charity in san francisco it seems people are doing a little of both. the food...
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Dec 5, 2012
12/12
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KRON
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he adds the failure of a parcel tax on the november ballot means that there are few option left. >> this is not an easy choice. it's not what we want to have to do. but we are out of options. and we're going to do the best we can to protect them even with the stations closed. >> a public hearing was held today where mayors and residents of the communities affected told the fire district board it must look at other options. the next meeting is scheduled for tuesday, december 11th. the board says at that point it would have to make a final decision on the face of the fire stations. >>> three firefighters who were hurt responding to a crash in the east bay are out of the hospital and back at home tonight. they were responding to a crash on highway 24 on sunday morning when an suv lost control on the road and hit them. the driver of the vehicle is still in critical condition. >>> a proposal to buy a drone for the alameda county sheriff's office has been taken to committee for further study. the move comes after the aclu and other groups raised concerns. the unmanned aerial system would be us
he adds the failure of a parcel tax on the november ballot means that there are few option left. >> this is not an easy choice. it's not what we want to have to do. but we are out of options. and we're going to do the best we can to protect them even with the stations closed. >> a public hearing was held today where mayors and residents of the communities affected told the fire district board it must look at other options. the next meeting is scheduled for tuesday, december 11th....
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Dec 4, 2012
12/12
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KTVU
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democrats can raise taxes and more without republican votes. >> this historic super majority and we intend to use it purposely, with purpose, with humility. and with great strength. >> reporter: democrats haven't outlined an agenda but he is proposing a bold change to the proposition 13, to make it easier for voters to raise their own property taxes. >> it allows voters to be able to reinvest in a very under funded educational system. >> more details now. 7 of the 38 represent the bay area. all but one are democrats. jerry hill is leaving his seat to become a state senator. he will over see district 13. >>> the founder of mcafee said he left belize. a reporter spoke to john mcafee and asked him if the accusations are true, that he killed his neighborhood. >> reporter: did you kill him -- killed his neighbor? >> reporter: did you kill him? >> why did would i kill him? >> reporter: do you believe this is a vendetta to take you down and kill you? >> absolutely, sir. >> police say he is not a suspect, they just want to talk to him to get answers in their investigation. >>> apple says it is on
democrats can raise taxes and more without republican votes. >> this historic super majority and we intend to use it purposely, with purpose, with humility. and with great strength. >> reporter: democrats haven't outlined an agenda but he is proposing a bold change to the proposition 13, to make it easier for voters to raise their own property taxes. >> it allows voters to be able to reinvest in a very under funded educational system. >> more details now. 7 of the 38...
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Dec 10, 2012
12/12
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KGO
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to do what he wants on tax rates, you affect% of the deficit. we have spent ourselves into a hole and we're not going to raise taxes and borrow money and get out of it. so, will i accept a tax increase as a part of a deal to actually solve our problems? yes. ago am -- >> ama: the federal government is planning for the possibility of cuts. the white house ordered the military to plan on slashing 500 billion from the military, and funding for schools well be cut 8.2%. some outside a void the cliff including eliminating the tax deduction for charitable donations and home owners will not be able to deduct their interest, and this area, nobe. north oakland, berkeley and emeryville. >> one business owner says the name nobe may be young and new and fresh but the old name is fine. residents would like this area to remain the golden gate district of north oakland. >> amelia has lived in the north oakland house for 30 years. >> this is a long-standing north oakland community being swallowed up by real estate agents. reporter: she does not like the idea th
to do what he wants on tax rates, you affect% of the deficit. we have spent ourselves into a hole and we're not going to raise taxes and borrow money and get out of it. so, will i accept a tax increase as a part of a deal to actually solve our problems? yes. ago am -- >> ama: the federal government is planning for the possibility of cuts. the white house ordered the military to plan on slashing 500 billion from the military, and funding for schools well be cut 8.2%. some outside a void...
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wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so the question is do you hold on to your money during the financial uncertainty or donate more while youwill get au will get a deduction. for one charity in san francisco it seems people are doing a little of both. the food pantry at the st. anthony foundation is in good shape today, but overall donations are down for the year. >> we are a little bit behind where we would like to be, where we are budgeted to be. >> the interim executive director says the charity is seeing interesting trends this holiday season that may have to do with the impending fiscal cliff. >> we are seeing people who have never given us a stock donation before stepping up and making that kind of gift to us. >> they could be concerned that the tax deduction for chair writ b
wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so the question is do you hold on to your money during the financial uncertainty or donate more while youwill get au will get a deduction. for one charity in san francisco it seems people are doing a little of both. the...
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Dec 10, 2012
12/12
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KBCW
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trying to find a deficit cutting deal to stop the combination of automatic tax increases and spending cuts scheduled to kick in at the beginning of the year. >>> former south african president nelson mandela is nit hospital tonight. those around him are giving few detailed investigation. the 94-year-old hero had been admitted to a military hospital for tests and as he was, "comfortable." a report says that he is no longer speaking. delegation of the leaders visit the hospital today. he became south africa's first black president in 1994. >>> well an unexpected find in san francisco's bay is stirring some excitement. signs of the marine life in the water's off of vallejo were one particular ball. it has been spotted in more than a century. cbs 5 reporter with this fine and what it could mean. >> reporter: the city of vallejo was dredging the public marina when they dug something up. something no one expected. something odd said the marina manager. >> i've been here for 2 -- 23 years. >> reporter: the california oysters, although small and not too many, they are sensitive to quality. fo
trying to find a deficit cutting deal to stop the combination of automatic tax increases and spending cuts scheduled to kick in at the beginning of the year. >>> former south african president nelson mandela is nit hospital tonight. those around him are giving few detailed investigation. the 94-year-old hero had been admitted to a military hospital for tests and as he was, "comfortable." a report says that he is no longer speaking. delegation of the leaders visit the hospital...
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Dec 10, 2012
12/12
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KGO
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they're trying to find a deficit cutting deal to stop a combination of tax increases and spending cut to kick in. some government agencies are making contingency plans. here's that part of the story. >> preparing for the holidays is a reminder of something else just around the kosher, a -- corner, fiscal cliff deadline that is permanent here. >> i can't imagine funding being cut. it would be tragic. >> she is worried mandatory budget cuts would hurt food safety inspection. >> he was in the hospital for three weeks. >> she and her babies got poisoning from meat she ate while pregnancy. the cdc says contaminated food sickens 38,000 people a year, 3,000 people die. so the fda are charged with protecting the food supply. an 8.2% budget cut translates to a combined $157 million. >> there's no word exactly what cuts would mean to inspector staffing. >> both the fda and usda-already stretched thin when it comes to inspection activities. they need increased resources, not fewer resources. >> agencies all say they're stretched. >> he is with freedom works and that's the cuts leave nothing to f
they're trying to find a deficit cutting deal to stop a combination of tax increases and spending cut to kick in. some government agencies are making contingency plans. here's that part of the story. >> preparing for the holidays is a reminder of something else just around the kosher, a -- corner, fiscal cliff deadline that is permanent here. >> i can't imagine funding being cut. it would be tragic. >> she is worried mandatory budget cuts would hurt food safety inspection....
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wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so the question is do you hold on to your money during the financial uncertainty or donate more while you know you will get a deduction. for one charity in san francisco it seems people are doing a little of both. the food pantry at the st. anthony foundation is in good shape today, but overall donations are down for the year. >> we are a little bit behind where we would like to be, where we are budgeted to be. >> the interim executive director says the charity is seeing interesting trends this holiday season that may have to do with the impending fiscal cliff. >> we are seeing people who have never given us a stock donation before stepping up and making that kind of gift to us. >> they could be concerned that the tax deduction for chair writ bel
wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so the question is do you hold on to your money during the financial uncertainty or donate more while you know you will get a deduction. for one charity in san francisco it seems people are doing a little of both. the food...
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Dec 3, 2012
12/12
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KTVU
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that allowed them to -- allows them to raise taxes. but leaders say they will avoid doing that considering voters just passed proposition 30. >>> one of the first orders of business for the state assembly will be to honor a bay area boy scout. ryan did all the work for his eagle scout award but the boy scout says he can't have the honor because he is gay. since then he's been a guest on several national television shows where he told his story. today state lawmakers will honor him for speaking out against intolerance. >>> 5:36. let's get everybody moving now. tara is back. there is a problem in berkeley. some sort of debris or something. the car is on the shoulder. just a heads up. let's take a live look at the bay bridge toll plaza. you can see traffic is flowing pretty well. milpitas those taillights no problems to report. 5:37 here is steve. >>> they're a thank you. a very good morning. we have a little rest we can take a look at the whopper rain totals. santa cruz mountains 15. mt. st. helena almost 13. san francisco 3.77. somebody
that allowed them to -- allows them to raise taxes. but leaders say they will avoid doing that considering voters just passed proposition 30. >>> one of the first orders of business for the state assembly will be to honor a bay area boy scout. ryan did all the work for his eagle scout award but the boy scout says he can't have the honor because he is gay. since then he's been a guest on several national television shows where he told his story. today state lawmakers will honor him for...
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Dec 7, 2012
12/12
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KRON
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starbucks will pay $60 million more in taxes and the united kingdom. the announcement comes in response to an out recent outcry in the u.k. that multinational companies are skirting taxes by shifting profits overseas divisions. the managing director of starbucks u.k. says they have always paid taxes to the letter of the law will make additional payments in 2013 and 2014 despite the fact that the u.k. unit is not yet profitable. the will and amazon have also been targeted as not paying their fair share and england. >> it is 6:11 a.m. and we'll be back in a couple of mess. minutes. you are just going to have to trust me, this is walnut creek. we will be right back. =dj local reservoirs' have seen a needed increase in water levels because of last weekend's storms. reserves and santa clara and proves it evidently with the rainfall. levels are still not exactly where they need to be though. since last wednesday the santa clara valley water district says average storage in their 10 reservoirs' increase from 74 to 91% where they should normally be. that is a
starbucks will pay $60 million more in taxes and the united kingdom. the announcement comes in response to an out recent outcry in the u.k. that multinational companies are skirting taxes by shifting profits overseas divisions. the managing director of starbucks u.k. says they have always paid taxes to the letter of the law will make additional payments in 2013 and 2014 despite the fact that the u.k. unit is not yet profitable. the will and amazon have also been targeted as not paying their...
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Dec 2, 2012
12/12
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KPIX
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the fire chief says he needs to make the move because a parcel tax increase failed. he plans to use the reserve force to provide coverage for the other areas. >>> investigators in san francisco are trying to figure out how a man's body ended up on muni tracks. police got the call just before 8:00 this morning. the body was found near the at&t parking lot in a mission bay neighborhood. officers are treating it as a vehicle collision but they do not know if a car or a muni train was involved. >>> shock and sadness through the kansas city chief's community tonight. one of the teens young players shot and killed his girlfriend before committing suicide. the dramatic jovan belcher took his life. >> the city was under lock down after the suicide of 25-year- old line backer, jovan belcher. he drove to the practice facility and thanked the chief, coach and general manager before taking his own life. >> he never threatened them or anything. they talked for a little bit and that's when he shot himself. >> reporter: the suicide followed a domestic incident 5 miles from the stad
the fire chief says he needs to make the move because a parcel tax increase failed. he plans to use the reserve force to provide coverage for the other areas. >>> investigators in san francisco are trying to figure out how a man's body ended up on muni tracks. police got the call just before 8:00 this morning. the body was found near the at&t parking lot in a mission bay neighborhood. officers are treating it as a vehicle collision but they do not know if a car or a muni train was...
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Dec 4, 2012
12/12
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KTVU
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the transportation sales tax and volunteers are needed. there are more people in favor of the measure monitoring the recount than opponents. he says it looks like the commission is trying to stack the deck and more volunteers who disagree with needed as observers as a counterbalance. it begins tomorrow and will continue on week days. >>> late today two men were charged in the death of a coast guardsman who was killed off the southern california coast. he was in a small inflatable boat that was rammed yesterday. he was thrown into the water by the impact and suffered a fatal head injury. today they talked about his dedication. >> he was a man of honor. i was proud to call him chief. we are in position to influence those who work with us and he influenced us to seek better ways of doing business. >> the coast guard stopped the boat and detained two suspects. >>> an investigation uncovered startling information about how the postal service is spending some of its funds. some money ended up being spent on hotels and casinos. >> reporter: endin
the transportation sales tax and volunteers are needed. there are more people in favor of the measure monitoring the recount than opponents. he says it looks like the commission is trying to stack the deck and more volunteers who disagree with needed as observers as a counterbalance. it begins tomorrow and will continue on week days. >>> late today two men were charged in the death of a coast guardsman who was killed off the southern california coast. he was in a small inflatable boat...
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we'll see hikes in taxs and sales tax increases and more worse is bankruptcies. we see that in stockton and san bernardino. we go to court and bankruptcy law versus pension law. you can see current services cut. tax hikes and other lousy outcomes if we don't see reforms. >> you admit we are having problems paying out the pensions. they are bankrupting. >> the pblem is that los angeles is not the place. and it is a ballot initiative. you have front runners that become mayor . they will not support it it was a nonstarter and never going to work in thetave . you have a better chance of succeeding. >> at least it was a plan . it is no law that said you cannot change 401 k's. that is future and new hires and for their plans. you don't have ill defed benefits and by the way the private sector doesn't get. there is a pension liabity in the state of the california. vicki is right. government services are starting to get cut in cities in california . so i tell you, it doesn't cut it when you have things like let's raise the retirement age to age 52. >> the fact is, these
we'll see hikes in taxs and sales tax increases and more worse is bankruptcies. we see that in stockton and san bernardino. we go to court and bankruptcy law versus pension law. you can see current services cut. tax hikes and other lousy outcomes if we don't see reforms. >> you admit we are having problems paying out the pensions. they are bankrupting. >> the pblem is that los angeles is not the place. and it is a ballot initiative. you have front runners that become mayor . they...
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Dec 10, 2012
12/12
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KGO
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federal funding for schools will be cut 8.2% some ideas include eliminating tax deduction for charitable contributions. no longer allowing homeowners who write-off mortgage payments. >>> time for a check on the weather. >>> 68 in santa rosa, going to be well above average by four to eight degrees. good morning. fairfield six mile visibility, santa rosa 1 and 3/4 everybody else unlimited. land breeze keeping clouds out over the coast. coolest inland where we have the 40s, except napa 51 around the bay and coast in the 50s. 7:00 temperatures mid 50s inland i should say mid 40s inland mid 50s bay and coast sunny near 60 lunchtime, great time to be outside warm air mass will jump up to 60° by 4:00 low to mid 50s by 7:00. cooling tomorrow as sea breeze kicks in, tuesday night into wednesday morning, chance of steady rain once we get on the back side of the system pulling cold air almost from the north pole, mid 50s. >>> live shot of san jose highway 87 past hp pavilion julian exit a few headlights northbound, light, nice morning to be driving northbound on 87, westbound 80 east shore freeway
federal funding for schools will be cut 8.2% some ideas include eliminating tax deduction for charitable contributions. no longer allowing homeowners who write-off mortgage payments. >>> time for a check on the weather. >>> 68 in santa rosa, going to be well above average by four to eight degrees. good morning. fairfield six mile visibility, santa rosa 1 and 3/4 everybody else unlimited. land breeze keeping clouds out over the coast. coolest inland where we have the 40s,...
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Dec 5, 2012
12/12
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KRON
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tax rates on the wealthy remain the key sticking point between both sides. after a white house meeting tuesday, a bi- partisan group of governors expressed hope that an agreement will be reached soon. experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from the negotiations to help light of the christmas tree. eagle scout, from colorado springs helped out and there is. the crowd in cheers and the u.s. air force played " a christmas tree " and other holiday classics. this is a spruce tree from call rental white river national forest. it has 10,000 lights, ornaments and will be let in each night until the day after christmas. >> we are going to take a look at the golden gate bridge. dry roadways. the bulk of the wet weather is to the north. it is going to pick up in intensity, overnight. it will impact certain areas to more with moderate/heavy downpours. it could try out at night and it looks like that we will have a drying trend with the workweek. taking a look at the stormtracker 4 some pretty widespread rainf
tax rates on the wealthy remain the key sticking point between both sides. after a white house meeting tuesday, a bi- partisan group of governors expressed hope that an agreement will be reached soon. experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from the negotiations to help light of the christmas tree. eagle scout, from colorado springs helped out and there is. the crowd in cheers and the u.s. air force played " a christmas...
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Dec 8, 2012
12/12
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one where business owners can't speak their mind and say taxes do hit their bottom line and yes, they may not hire because of higher tax and health dare costs or put workers on part-time instead of full-time. we want to know it is going on i doubt it is hurting their earnings. i don't think the back lash is that large. everyone should be allowed to speak their mind. that is it a healthy flourishing democracy. >> it is not like they are being sensor accord toth ceo's. there is a lot of bad publicity here. >> my heart testimonies me to agree with vicki, but my mind said ceo's have a first duty to increase the value of the company for the shareholders . so they can't do anything and it is irresponsible and putting out political opinions, if it is going to cause damage to the value of the company is wrong thing to do. if they have strong opinions on the subject. other ways that a ceo of a publicly traded company can community. >> but john, the frustrations that business have with obama care is driving them nuts this is one of the aspects of obama care and the tax inplications that busines
one where business owners can't speak their mind and say taxes do hit their bottom line and yes, they may not hire because of higher tax and health dare costs or put workers on part-time instead of full-time. we want to know it is going on i doubt it is hurting their earnings. i don't think the back lash is that large. everyone should be allowed to speak their mind. that is it a healthy flourishing democracy. >> it is not like they are being sensor accord toth ceo's. there is a lot of bad...
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lou: $6 billion in taxes? >> spending reductions and tax increases. the economy can't handle that. without a doubt, head into recession if we're over the cliff. lou: now, are you in agreement? >> i am, carl's absolely right, nevertheless, the markets have effectively been yawning. equity markets, go higher, corporate credit market improves, commodit prices rising, and the ten-year treasury yield is dipping to new lows. i can't figure this out. everybody seems to -- lou: i know -- >> they are in a mood, and that worries me. somebody has to be wrong, and big time. >> yawning until they don't. that's the concern. lou: i know this would be stunning and alarming to economists who would never contemplate themselves being wrong on this, but is this some possibility that everyone is wrong about this? that these are actually men and women of good wl in th parties who are beginning to come together in one great warm embrace sometime before christmas day and give the nation such a great boost of spirit of od will and reach agreement here? >> i don't know if we're going to see that sense of br
lou: $6 billion in taxes? >> spending reductions and tax increases. the economy can't handle that. without a doubt, head into recession if we're over the cliff. lou: now, are you in agreement? >> i am, carl's absolely right, nevertheless, the markets have effectively been yawning. equity markets, go higher, corporate credit market improves, commodit prices rising, and the ten-year treasury yield is dipping to new lows. i can't figure this out. everybody seems to -- lou: i know --...
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Dec 7, 2012
12/12
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KPIX
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top economists showed up at the capital today for further talks about the impact of tax increases and government spending cuts on the middle class. from a home in virginia president obama sat with a middle class family he says will be hit hard if congress doesn't extend middle class tax cuts. >> for them to be burden unthis isly because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> republicans are standing behind their counter-offer to close tax loopholes and limit some deductions. they say the president needs to deliver a new plan they can agree on before the january 1 deadline. >>> stocks inched up as investors kept and eye on washington. the dow was up around 40, nasdaq up 16, s&p saw a 5 point increase. >>> the dungeness crab season has hit a snag. local crabbers are refusing to fish for the northern california delicacy after a new price fight with the wholesalers. the cbs 5 reporter anne makovec shows us the solidarity on the docks is being tested. >> strike last year this boat. >> right.
top economists showed up at the capital today for further talks about the impact of tax increases and government spending cuts on the middle class. from a home in virginia president obama sat with a middle class family he says will be hit hard if congress doesn't extend middle class tax cuts. >> for them to be burden unthis isly because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >>...
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Dec 5, 2012
12/12
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KOFY
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station 12 along with three others could have been saved by a partial tax measure that failed last month. today the contra costa county supervisors were grappling with shutting four of the stations. >> we did say we would listen to what the voters said. they either would want us to continue the current service level, or they would not approve it. unfortunately it did not get the two-thirds it n >> the vote was postponed, but many feefl it is inevitable because the district feels it needs to shutdown two more stations by july of next year. >> the county supervisors will vote to close down the stations next tuesday. as i mentioned, they will also have to close down two more by july of next year along with one or two more by july of 2014. reporting live in martinez, alan wang, abc7 news. >> thank you. >>> a school in new jersey was forced to remove a bob marley branded drink from the lunchroom after several students became ill. it is called marley's mellow mood. the drink's label says it is not intended for children, however several middle school students bought it on campus. some became le
station 12 along with three others could have been saved by a partial tax measure that failed last month. today the contra costa county supervisors were grappling with shutting four of the stations. >> we did say we would listen to what the voters said. they either would want us to continue the current service level, or they would not approve it. unfortunately it did not get the two-thirds it n >> the vote was postponed, but many feefl it is inevitable because the district feels it...
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Dec 6, 2012
12/12
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KICU
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finding brown's approval rating at 48% following the passage of the prop 30 tax hike. in october, his rating was 42%. early last year, it reached a low of 34%. as for the state budget, the ppic poll finds 94% of californians consider it a problem. of that number, 68% say it's a big problem. 26% say it's somewhat of a problem. coming up in four minutes, a report of lawmakers purchasing cars after having them fixed up with your tax dollars. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time
finding brown's approval rating at 48% following the passage of the prop 30 tax hike. in october, his rating was 42%. early last year, it reached a low of 34%. as for the state budget, the ppic poll finds 94% of californians consider it a problem. of that number, 68% say it's a big problem. 26% say it's somewhat of a problem. coming up in four minutes, a report of lawmakers purchasing cars after having them fixed up with your tax dollars. >>> there's been a lot of tough talk from the...
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Dec 9, 2012
12/12
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no deals unless it includes higher taxes on upper
no deals unless it includes higher taxes on upper
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Dec 4, 2012
12/12
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MSNBCW
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then you're fighting for tax cuts, not tax increases, but we'll see. and the fact of the matter is that grover is just a vessel for a bigger issue. taxes used to be -- >> he seems to be calling the shots. >> he's not calling the shots. >> last week to figure out -- last week on the media there's a lot of reporting that saxby chambliss stood up to grover or broke with him. here is what he said. let's look at that first. >> i care more about this country than i do about a 20-year-old pledge. >> do you think that grover norquist would hold a no new tax pledge that you signed 20 years ago, would he hold that against you in an upcoming re-election bid for the u.s. senate? >> well, you know, in all likelihood, yes, but i don't worry about that because i care too much about my country. i care a lot more about it than i do about grover norquist. >> well, "the washington post" reports today that five days after making those comments on television -- on radio rather, chambliss and norquist spoke on the phone. as norquist read allowed a transcript of chambliss' e
then you're fighting for tax cuts, not tax increases, but we'll see. and the fact of the matter is that grover is just a vessel for a bigger issue. taxes used to be -- >> he seems to be calling the shots. >> he's not calling the shots. >> last week to figure out -- last week on the media there's a lot of reporting that saxby chambliss stood up to grover or broke with him. here is what he said. let's look at that first. >> i care more about this country than i do about a...
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Dec 9, 2012
12/12
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they are flattening the tax rates. they're creating jobs and growing their economies at twice the rate of this lunacy that the president continues to pursue. >> we have a short-run problem, purely a political problem about this fiscal cliff. it has nothing to do with the bondholder and the debt. we should work on that. >>> we got to take a break. lots more roundtable. >>> why did the tea party star quit the senate. what does it mean for the gop? >>> what's next for hillary? twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. that retiring some day is even an option for sean and me. how'd you get comfortable enough to know you could really do it? well, planning, of course. and we got a lot o
they are flattening the tax rates. they're creating jobs and growing their economies at twice the rate of this lunacy that the president continues to pursue. >> we have a short-run problem, purely a political problem about this fiscal cliff. it has nothing to do with the bondholder and the debt. we should work on that. >>> we got to take a break. lots more roundtable. >>> why did the tea party star quit the senate. what does it mean for the gop? >>> what's next...
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station 12 along with three others could have been saved by a partial tax measure that failed last month. today the contra costa county supervisors were grappling with shutting four of the stations. >> we did say we would listen to what the voters said. they either would want us to continue the current service level, or they would not approve it. unfortunately it did not get the two-thirds it n >> the vote was postponed, but many feefl it is inevitable because the district feels it needs to shutdown two more stations by july of next year. >> the county supervisors will vote to close down the stations next tuesday. as i mentioned, they will also have to close down two more by july of next year along with one or two more by july of 2014. reporting live in martinez, alan wang, abc7 news. >> thank you. >>> a school in new jersey was forced to remove a bob marley branded drink from the lunchroom after several students became ill. it is called marley's mellow mood. the drink's label says it is not intended for children, however several middle school students bought it on campus. some became le
station 12 along with three others could have been saved by a partial tax measure that failed last month. today the contra costa county supervisors were grappling with shutting four of the stations. >> we did say we would listen to what the voters said. they either would want us to continue the current service level, or they would not approve it. unfortunately it did not get the two-thirds it n >> the vote was postponed, but many feefl it is inevitable because the district feels it...
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raise the tax rate for the rich? that's at the top of the list but besides this and getting a deal done on time, what would really stuff the president's stocking, giving him a fresh start for his second term. shopping days, what would it take to make everyone happy or equally unhappy? a cut in government spending, a squeeze on medicare and medicaid. anything else? and finally hillary, clintons, both of them, global figures abroad, political superstars at home. to become in the four years, does she just have to wait? would anyone challenge her for the prize? could a hot new republican give her trouble, or cause her not to run? i'm chris matthews, welcome to the show. with us today, john harris, kelly o'donnell, michelle caruso-cabrera and david ignatius with "the washington post." first up, will president obama convince republicans to give him a compromise that's big enough, sweeping enough to end this month on a high note? to cap off his election win and get a clean start on his second term. a victory for the preside
raise the tax rate for the rich? that's at the top of the list but besides this and getting a deal done on time, what would really stuff the president's stocking, giving him a fresh start for his second term. shopping days, what would it take to make everyone happy or equally unhappy? a cut in government spending, a squeeze on medicare and medicaid. anything else? and finally hillary, clintons, both of them, global figures abroad, political superstars at home. to become in the four years, does...
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. >> reporter: they could be concerned that the tax deduction for charitable giving would be cut next year saving the government money. george says it can make sense to get more bang for your buck. that would help charities this year but people may be less generous in years to come. >> people who would like to donate some this year and potentially some next year may try to double up and donate more this year. >> reporter: but the uncertain future is causing fear. >> many people are afraid to make any move so there is patrol system because you don't know what is coming -- paralysis you try to hold on what you have and not as willing to donate or spend in general. >> reporter: st. anthony's is seeing this, as well. >> some of the people have given us end of the year stock donations, we're seeing about half of those coming through. >> reporter: they are optimistic the donors will come through by the new year. >> their donations come out of their heart. >> very wealthy people may donate but some people want to help and tax zuax bonus. >> coming up next, outrage from around the world, cran
. >> reporter: they could be concerned that the tax deduction for charitable giving would be cut next year saving the government money. george says it can make sense to get more bang for your buck. that would help charities this year but people may be less generous in years to come. >> people who would like to donate some this year and potentially some next year may try to double up and donate more this year. >> reporter: but the uncertain future is causing fear. >> many...
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Dec 6, 2012
12/12
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finding brown's approval rating at 48% following the passage of the prop 30 tax hike. in october, his rating was 42%. early last year, it reached a low of 34%. as for the state budget, the ppic poll finds 94% of californians consider it a problem. of that number, 68% say it's a big problem. 26% say it's somewhat of a problem. coming up in four minutes, a report of lawmakers purchasing cars after having them fixed up with your tax dollars. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time
finding brown's approval rating at 48% following the passage of the prop 30 tax hike. in october, his rating was 42%. early last year, it reached a low of 34%. as for the state budget, the ppic poll finds 94% of californians consider it a problem. of that number, 68% say it's a big problem. 26% say it's somewhat of a problem. coming up in four minutes, a report of lawmakers purchasing cars after having them fixed up with your tax dollars. >>> there's been a lot of tough talk from the...
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Dec 10, 2012
12/12
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the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the the new year. announcement is expected when the bankers meet tomorrow and wednesday. a new survey shows pay for private college presidents continues the upward climb. they studied data from 2010 and median compensation rose to $400,000. that is up nearly 3 personality. that's a -- percent. that's a pretty good paying job there. very lucrative. >> cbsmoneywatch.com, thank you. >>> a heavy storm is pummeling the upper midwest. 15 inches of snow dumped on the twin city in minnesota. crews are cranking up the late to melty snow -- melt snow on the roof. it dumped 17 inches of snow on the roof causing it to cave in a couple years ago. and in denver a coupl
the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the the new year. announcement is expected when the bankers meet tomorrow and wednesday. a new...
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station 12 along with three others could have been saved by a partial tax measure that failed last month. today the contra costa county supervisors were grappling with shutting four of the stations. >> we did say we would listen to what the voters said. they either would want usue theo continue the current service level, or they would not approve it. unfortunately it did not get the two-thirds it n >> the vote was postponed, but many feefl it is inevitable because the district feels it needs to shutdown two more stations by july of next year. >> the county supervisors will vote to close down the stations next tuesday. as i mentioned, they will also have to close down two more by july of next year along with one or two more by july of 2014. reporting live in martinez, alan wang, abc7 news. >> thank you. >>> a >>> a school in new jersey was forced to remove a bob marley branded drink from the lunchroom after several students became ill. it is called marley's mellow mood. the drink's label says it is not intended for children, however several middle school students bought it on campus. some
station 12 along with three others could have been saved by a partial tax measure that failed last month. today the contra costa county supervisors were grappling with shutting four of the stations. >> we did say we would listen to what the voters said. they either would want usue theo continue the current service level, or they would not approve it. unfortunately it did not get the two-thirds it n >> the vote was postponed, but many feefl it is inevitable because the district feels...
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Dec 3, 2012
12/12
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KRON
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the president must in the bush era tax cut for people making more than $250,000 per year. without a deal the average middle- class family could pay about 200--$2,000 a year more in taxes. house speaker john boehner blanks the spot stalemate on the obama administration. he says they are taken republicans seriously with their plan to close loopholes and deductions without raising taxes. >> we think it would be a wonderful christmas gift for the american people for the middle class a tax cut come january people and we want them to tell the american people why not that they will not do it. we are optimistic. >> the democratic controlled senate has already voted to extend the bush era of cut for incomes that are under $250,000 and led the other is expired. >> moody's analytics predicting there will be a short-term deal reached before the end of the year. we will take a quick break on the kron for morning new we want to go outside and give you a quick look. we will tell you about the power outages i think we have information where you can see the north bay is still dealing with
the president must in the bush era tax cut for people making more than $250,000 per year. without a deal the average middle- class family could pay about 200--$2,000 a year more in taxes. house speaker john boehner blanks the spot stalemate on the obama administration. he says they are taken republicans seriously with their plan to close loopholes and deductions without raising taxes. >> we think it would be a wonderful christmas gift for the american people for the middle class a tax cut...
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what that really means is all tax rates on all americans go back up because the tax rates were brought down in 2001 and 2003. i don't support that. i don't think that's a great idea. it would slow down the economy. >> when you look at economist's evaluations, it would slouw dow the economy. it would. there's no question about it. but if the problem is that we have a lot of debt and there has to be some pain whether it be in cuts or the form of higher tax revenues, it means there has to be some pain. $2.8 trillion. that's 17% of our debt wiped out overnight. if you're worried about the debt, how can't you look at that seriously? >> well, the reason i would say it's not going to be 17% of our debt on that because right now, we're running a trillion dollar deficit year single year. if we went back to zero, we're rebalanced. right now with the fourth year in a row, that deficit and debt continues to climb. so it doesn't really wipe it out and the challenge of it is what does that do to the overall economy. we're not just dealing with one tax increase as well. a lot of people lose track of
what that really means is all tax rates on all americans go back up because the tax rates were brought down in 2001 and 2003. i don't support that. i don't think that's a great idea. it would slow down the economy. >> when you look at economist's evaluations, it would slouw dow the economy. it would. there's no question about it. but if the problem is that we have a lot of debt and there has to be some pain whether it be in cuts or the form of higher tax revenues, it means there has to be...
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the state franchise tax board is holding 48,000 returned tax refund checks worth 14 million dollars, more than two million owed to people in the bay area. refunds range from a dollar to $35,000. the post office returned those checks to the state because the recipients most and failed to update their addresses. to find out if the state has your money go to abc7news.com for a to the tax board website. >>> dead whale rotting near the malibu homes of streisand, dylan and other celebrities, causing gigantic cleanup problems. authorities trying to decide who is responsible forgetting rid of it. the 41 foot whale was found monday morning on a beach the city of malibu assumed the county would remove the dead whale the county insisted part of the beach private and not their responsibility. the whale has started to decompose, meaning towing it out to sea is no longer an option. >>> 5:57. next from arizona to the bay. event bringing the country's most controversial sheriff to san francisco. >>> we are continuing to follow developing news strong quake shakes japan over fight. >>> later, making m
the state franchise tax board is holding 48,000 returned tax refund checks worth 14 million dollars, more than two million owed to people in the bay area. refunds range from a dollar to $35,000. the post office returned those checks to the state because the recipients most and failed to update their addresses. to find out if the state has your money go to abc7news.com for a to the tax board website. >>> dead whale rotting near the malibu homes of streisand, dylan and other celebrities,...
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Dec 10, 2012
12/12
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. >> congress has three weeks to prevent automatic tax hikes for all americans, and drastic cuts in federal spending. >>> there is no plan to change a controversial practice of changing votes after a practice passes or fails. about half of those sworn in last week are new to the job. during the past session, aseem belie members changed their votes more than 5,000 times. the practice does not affect the outcome of a bill but it disallow lawmakers to hide or distort their vote. >>> the u.s. postal service is working to make it a little easier for customers around the bay area. >> reporter: business was brisk at this san francisco post office, not so unusual for the holiday season. but what was unusual was the post office was open today. on a sunday. it was just one of a handful of post offices open today and next sunday, december 16. >> it helps a lot. we really appreciate it. i think the whole neighborhood appreciates it. >> we're grateful that it's open on sunday. >> reporter: the locations taking part include offices in san francisco on sloat, and at the airport. also, at the east ridge ma
. >> congress has three weeks to prevent automatic tax hikes for all americans, and drastic cuts in federal spending. >>> there is no plan to change a controversial practice of changing votes after a practice passes or fails. about half of those sworn in last week are new to the job. during the past session, aseem belie members changed their votes more than 5,000 times. the practice does not affect the outcome of a bill but it disallow lawmakers to hide or distort their vote....
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it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the deattoll is expected to rise. 23 of the people drowned in flooding caused by the typhoon. the storm made landfall yesterday and some 60,000 people have fled to emergency shelters. the crowded shelters in this new video. the typhoon is expected to continue to dump rain for several days. >>> a major pot growing
it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow...
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Dec 3, 2012
12/12
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taxes will go up on everybody. and republicans will instead be in a position of voting against middle class tax cuts. democrats bring such a bill to the floor. on sunday house minority leader signaled democrats may not wait saying in a statement, quote, if speaker boehner refuses to schedule this widely supported bill for a vote on democrats for a vote, democrats will introduce a discharged petition to automatically bring to the floor the senate passed middle class tax cuts bill, that bill that would pass the 98% automatically raise the rates to the clinton era for the top 2%. ultimately he has to bring out the best deal. this new negotiation strategy. it appears to have genuinely thrown republicans for a loop. >> the idea of a negotiation is roll over and do what i ask. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. the plan to entitlement reform is quite frankly a joke. >> a two-step deal in place. step one spending cuts and tax changes that would take effect in
taxes will go up on everybody. and republicans will instead be in a position of voting against middle class tax cuts. democrats bring such a bill to the floor. on sunday house minority leader signaled democrats may not wait saying in a statement, quote, if speaker boehner refuses to schedule this widely supported bill for a vote on democrats for a vote, democrats will introduce a discharged petition to automatically bring to the floor the senate passed middle class tax cuts bill, that bill that...